Articles, Library comments - page 54

BB MACD indicator MT4 : BB MACD MetaTrader indicator — is a basic MACD (Moving Average Convergence Divergence) indicator variation, which helps in detecting the trend change points and measuring the current trend's strength. The indicator is drawn in the separate window on the chart and consists of

Basing Candlesticks MT5 : Basing Candlesticks MetaTrader indicator — is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. The indicator highlights the basing candles using histogram lines (in

Basing Candlesticks MT4 : Basing Candlesticks MetaTrader indicator — is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. The indicator highlights the basing candles using histogram lines (in

Aroon Up, Down MT4 : Aroon Up & Down MetaTrader indicator — detecting the local tops and bottoms of the chart it was applied to, this indicator provides the signals for buying and selling the currency pairs when they rise up from the bottom and fall from the top. The cross of the indicator lines

Check out the new article: Data Science and ML (Part 27): Convolutional Neural Networks (CNNs) in MetaTrader 5 Trading Bots — Are They Worth It? . Convolutional Neural Networks (CNNs) are renowned for their prowess in detecting patterns in images and videos, with applications spanning diverse

Close All: Simple code to close all opened orders. Author: Aeither

Check out the new article: Mastering Log Records (Part 4): Saving logs to files . In this article, I will teach you basic file operations and how to configure a flexible handler for customization. We will update the CLogifyHandlerFile class to write logs directly to the file. We will conduct a

3rd Generation Moving Average MT5 : 3rd Generation Moving Average is an advanced version of the standard moving average (MA) indicator for MetaTrader. It implements a rather simple lag-reducing procedure based on the longer MA period. The method was first described by M. Duerschner in his article

3rd Generation Moving Average MT4 : 3rd Generation Moving Average is an advanced version of the standard moving average (MA) indicator for MetaTrader. It implements a rather simple lag-reducing procedure based on the longer MA period. The method was first described by M. Duerschner in his article

Breakeven Line Indicator for MT4 : Breakeven Line Indicator is a MetaTrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. Additionally, it will calculate the total number trades, the total number of lots, and the distance to

Breakeven Line Indicator for MT5 : Breakeven Line Indicator is a MetaTrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. Additionally, it will calculate the total number trades, the total number of lots, and the distance to

Negative Volume Index indicator for MT5 : Negative Volume Index (NVI) is a free technical indicator for advanced chart analysis in MT4, MT5 platforms. It is based on tick volume (can be substituted with real volume in MT5) and has two useful features added: Support for multi-timeframe (MTF)

Negative Volume Index indicator for MT4 : Negative Volume Index (NVI) is a free technical indicator for advanced chart analysis in MT4, MT5 platforms. It is based on tick volume (can be substituted with real volume in MT5) and has two useful features added: Author: Tuan Nguyen Van

Check out the new article: Integrate Your Own LLM into EA (Part 5): Develop and Test Trading Strategy with LLMs(IV) — Test Trading Strategy . With the rapid development of artificial intelligence today, language models (LLMs) are an important part of artificial intelligence, so we should think about

Check out the new article: Building A Candlestick Trend Constraint Model(Part 6): All in one integration . One major challenge is managing multiple chart windows of the same pair running the same program with different features. Let's discuss how to consolidate several integrations into one main

An Expert Advisor template : This code has been used by Valery Mazurenko ( notused ) as a template of the Expert Advisor for Automated Trading Championship 2010 . You can use this file as a template for your Expert Advisor. Add your trading logic to compile it. Author: Валерий

Chin Breakout Alert: Chin Breakout Alert indicator. Author: John Smith

CCI beginner tutorial by William210 : Beginner tutorial on CCI to learn to code in MQL5 Author: Gerard Willia G J B M Dinh Sy

Donchian Channel MTF : The multitimeframe version of Donchian channel. Author: Mladen Rakic

Log4mql (MT5) : A logging library similar to Log4j but for MQL. Author: lippmaje

Check out the new article: Gating mechanisms in ensemble learning . In this article, we continue our exploration of ensemble models by discussing the concept of gates, specifically how they may be useful in combining model outputs to enhance either prediction accuracy or model generalization

Check out the new article: The Inverse Fair Value Gap Trading Strategy . An inverse fair value gap(IFVG) occurs when price returns to a previously identified fair value gap and, instead of showing the expected supportive or resistive reaction, fails to respect it. This failure can signal a potential

Price increase Indicator : Price increase Indicator Author: Igor Widiger

VWAP Custom Position : Standard VWAP (Volume Weighted Average Price) calculation, but with configurable start position. Author: José Ricardo Magalhães

Forex Calculators : Margin Calculator, Point Value Calculator, Profit Calculator and Swap Calculator. Author: amrali

Position Risk Calculation Tool : An indicator that dynamically calculates risk (in percentages and money) based on the lot size and stop loss Author: Conor Mcnamara

New article Multiple indicators on one chart (Part 01): Understanding the concepts has been published: Today we will learn how to add multiple indicators running simultaneously on one chart, but without occupying a separate area on it. Many traders feel more confident if they monitor multiple

Check out the new article: Design Patterns in software development and MQL5 (part one): Creational Patterns . There are methods that can be used to solve many problems that can be repeated. Once understand how to use these methods it can be very helpful to create your software effectively and apply

Math Utils : Handy functions for comparison and rounding of floating-point numbers (prices, lots and money). Author: amrali

CCI_Histogram_Round : Standard CCI oscillator implemented as a histogram rounding its values to the standard range. Author: Nikolay Kositsin